It's not enough to travel, save, have any remotely expensive hobbies (sports equipment for just one of many examples), or survive a car breakdown, buy a car if you don't already have one, and so on. It's funny that you budget in "media" automatically - so you've got just enough cash to eat, work, come home and plug in and to all the people living better than you, all the social signals that say you are your paycheck, and so on.

I agree it's a much better position to be in than say, indentured servitude, but it's naive to just expect or declare that people be happy living like this and stay happy living like this for the foreseeable future.